Moons. Completely concur and the knowledge from him / her is like a shining beacon out of the gloom right now.
Paisley. Thanks for your post and on reflection maybe you are right that I'm taking TM's lack of response personally best I grow up and move on and take the emotion out of any of my thought processes. ;+)
Andy- I suspect you are taking the delay a bit personally. After all....you attended the AGM and received certain information face to face- they looked you in the eye and made certain assurances; and then in good faith you passed them onto our community... I think I can understand why you in particular would feel aggrieved about a lack of supporting information in the nearly four months since.
I have sold down my stake in SAR, partly as a result of poor communications and the concern it gives rise to; partly in response to the downward trend. I am still here though largely for reasons of a bit of diversity in the biotech sector.
Mrsape- your contribution looks very credible. If correct, however, then what a shame SAR aren't able to communicate such thoughts.
I tend to agree that an NED could help the company in it's shareholder relations. It seems to me Tim needs to step back and concentrate on the science. An NED - or someone(!) with a brief on shareholder relations could benefit us all- Tim included. It can't be pleasant seeing the kind of stuff that gets posted on here.
if I'm being ignorant, but I don't think I know of any company that will to put out an rns if there is no news to pass on, just because there are a few agitated shareholders. My guess is that they may well see it the same way and have learnt the error of their ways. We know what they have to deal with, let's just wait and see.
Thanks for the reply. I agree a bit of clarity would be appreciated .........microtubule binding is the one I am personally interested in seeing an update on. We don't know what stage / intensity the talks are in or, as stated before, if the FLT3 selection is at a crucial juncture.
Personally i think that a NED is a good idea, but not just yet. Once we have the first deal in the bag and there is a 'lull' in research & negotiations time demands then that would be a good time to get someone in (and have time to properly select a good candidate for the role). I get the feeling that it is a little hectic at the moment with quite a lot going on in the world of SAR. Hopefully we will see some evidence of this over the coming months.
TS. That's the problem we are all surmising what TM / SAR are up to and we shouldn't be. It should be quite clear to shareholders what a company is undertaking on their behalf. As to a reply to my letter the subjects covered were not all what you would call market sensitive and if he did regard them as being so then a simple response to me noting concerns and adding assurances as to news on the way would have sufficed, but to do nothing is just plain arrogant. I assure you I remain bullish regarding our investment but feel three and a half months after we were assured a deal would be done then we are owed an explanation.
Mrsape. Your knowledge of SAR is far to advanced for you to be a rooky poster.. Have you been a poster under a different name in the past or are you in some way linked to SAR?
I have the utmost respect for your research and your commentary following the AGM was very valuable, as I have stated many times in the past. However I do find the latest calling for an NED a little dissapointing as it has been triggered only because you have not recieved a reply from your email. Up to that you were quite bullish on SARs short/medium term prospects. It could be that TM is busy in negotiations or may have reached a critical juncture in deciding between the Aurora/FLT3 candidates (nice if it was a Eureka moment that has distracted him) which is where I would like him to be prioritising his efforts rather than answering emails (I do agree that it is bad form if he did say that he would reply within a timescale)
Back to being positive .....Just to summarise: - Aurora/ FLT3 candidate news due soon - In Talks (these may be bound by confidentiality agereements which may mean that TM cannot answer your email with an appropriate answer and he cannot enlighten us further on negotiations ....it's hard to improve communications if you are contractually gagged !!!!!!) - TYK2 still being developed. - Effort being put in to improving the 'marketing & data' requirements to increase interest in our research. - 10 out of 10
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